Energy Efficient Glass Market Size Worth USD 36.91 Billion by 2027
Growing demand for green buildings is one of
the significant factors influencing the market growth.
The global energy efficient glass
market is
projected to be worth USD 36.91 Billion by 2027, according to a current
analysis by Emergen Research. The energy efficient glass market observes high
demand attributed to the increasing demand for reduced energy consumption in
buildings. Energy efficient glass is found to decrease the overall energy
consumption in buildings by about 8.0% to 10.0% and thereby offer savings on
operational costs.
The increase in global solar capacity is a significant factor in
driving the market growth. The installation cost of solar panels in the US has
plunged by over 70.0% in the last ten years, resulting in the industry's
expansion and the installation of numerous systems across the country. The
demand for energy efficient glass in the solar cells is owing to the offering
of benefits such as reduced glass emissivity due to low e-coating and reduced
U-factor.
Market Size – USD 26.25 Billion in 2019, Market
Growth - CAGR of 4.3%, Market Trends –Rising demand for smart glass
Scope Of The Report:
The global Energy Efficient Glass market is highly
consolidated due to the presence of a large number of companies across this
industry. These companies are known to make hefty investments in research and
development projects. Also, they control a considerable portion of the overall
market share, thus limiting the entry of new players into the sector. The global Energy Efficient Glassmarket
report studies the prudent tactics undertaken by the leading market players,
such as partnerships and collaborations, mergers & acquisitions, new product
launches, and joint ventures.
Global Energy Efficient Glass market
competition by TOP MANUFACTURERS, with production, price, and revenue (value)
and market share for each manufacturer; the top players including:
·
Key participants include Nippon Sheet
Glass, Kaphs SA, Sisecam Group, Saint-Gobain, Vitro Architectural Glasses, AGC,
Metro Performance Glass, Schott AG, Morley Glass & Glazing, and Guardian,
among others.
Emergen Research has segmented the global energy efficient glass
market on the basis of coating type, glazing type, application, and region:
Coating
Type Outlook (Revenue, USD Billion; 2017-2027)
·
Soft Coat
·
Hard Coat
Glazing
Type Outlook (Revenue, USD Billion; 2017-2027)
·
Single Glazing
·
Double Glazing
·
Triple Glazing
Application
Outlook (Revenue, USD Billion; 2017-2027)
·
Building & Construction
·
Automotive
·
Solar Panels
·
Others
Regional
Outlook (Revenue, USD Billion; 2017-2027)
·
North America
1.
U.S.
2.
Canada
3.
Mexico
·
Europe
1.
Germany
2.
UK
3.
France
4.
BENELUX
5.
Rest of Europe
·
Asia Pacific
1.
China
2.
Japan
3.
South Korea
4.
Rest of APAC
·
Latin America
1.
Brazil
2.
Rest of LATAM
·
MEA
1.
Saudi Arabia
2.
UAE
3.
Rest of MEA
To
learn more details about the Energy
Efficient Glass Market report,
visit @ https://www.emergenresearch.com/industry-report/energy-efficient-glass-market
·
In May 2019, Nippon Sheet Glass made
an announcement about the signing of an agreement by its subsidiary with
Ubiquitous Energy, a firm involved in transparent solar technology. The
partnership intends to develop, produce, and integrate ClearView Power™
technology of Ubiquitous Energy into architectural window glass to generate
solar power for buildings.
·
The major benefits of hard coated
energy efficient glass are durability and can be used in single glazing without
losing the coating.
To
get a discount on the Energy Efficient Glass
Market report, visit @
https://www.emergenresearch.com/request-discount/221
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